Miller Center

American Forum - The Panic of 1907: Lessons Learned from the Market’s Perfect Storm

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The Miller Center is a nonpartisan institute that seeks to provide critical insights for the nation’s governance challenges.

Robert Bruner, Sean Carr
October 17, 2007
5:30PM - 5:30PM (EDT)

Robert Bruner
Robert Bruner

Sean  Carr
Sean Carr

Dean Robert Bruner and Professor Sean Carr of the Darden Graduate School of Business Administration have written a day-by-day account of the 1907 financial crisis, beginning with a catastrophic earthquake in San Francisco and culminating in the shocking suicide of the deposed president of one of New York's leading financial institutions. They argue that understanding of the century-old panic (which the public saw exactly 100 years to the day before this Forum) will help modern financiers to assess, understand, and anticipate factors that can lead to a crisis.

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